Columbia

A brief fireside discussion delves into Maryland’s economic development 

COLUMBIA, Md. (August 7, 2023) – TEDCO, Maryland’s economic engine for technology companies, released an episode of the thought-leadership series, TEDCO Talks. Throughout this insightful virtual series, TEDCO CEO, Troy LeMaile-Stovall, connects with thought-leaders throughout the state to discuss different topics regarding Maryland’s economic development.World Trade Center Institute Logo

On this latest episode, LeMaile-Stovall speaks with Eddie Resende, CEO of the World Trade Center Institute (WTCI). The fireside discussion touches on various topics, including the origins behind the WTCI, a new program that will bring the global market to Maryland, and how the organization supports the next generation of diplomats.

WTCI CEO, Eddie Resende, talks about the economic development opportunities in Maryland including programs for youth diplomats and collaborative efforts with TEDCO“One of the things that we did a few years ago is launch through the WTCI two fellowships, one that’s catered to high school students,” Resende explains. The Albrecht Fellowship was created to support high school students interested in diplomacy. Through this fellowship, the students can jump start their careers and learn more about diplomacy. 

Additionally, Resende explains there is another program he’s proud of and helped create. This program is a “global pathway for students,” exploring the question of how to attract and retain global talent locally. Resende explains that WTCI saw many graduates leave Maryland after completing their studies. Upon further investigation, it was revealed that, more often than not, graduates felt like they had to leave the state to forge a diplomatic career, resulting in a large loss of talent.

Knowing this needed to change, Resende explains that this program is a two-week intensive program that takes college students to major global companies. Resende explains that, of the students who completed the program “about 70% are now employed in Maryland.”

Learn more about WTCI, their impact on Maryland’s economic development, and more by listening to the full episode by clicking here. Then make sure to subscribe to our YouTube channel to be notified each time a new episode of the TEDCO Talks series is released.
 

About TEDCO

TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.

Media Contact
Tammi Thomas, Chief Development & Marketing Officer, TEDCO, tthomas@tedcomd.com